Lancaster Colony's most recent quarterly dividend was on Sep 7, 2023 (ex-date) with a cash dividend payment of $0.85 per share. On an annualized basis, the company has a current payout of $3.4 per share. This brings the dividend yield to 2.06% based on its recent close price.
LANC has a dividend yield of 2.06% which is lower than the Consumer Defensive sector, the industry and its peers average. If we compare it with the Consumer Defensive sector average of 2.45%, Lancaster Colony's dividend yield is 16% lower. The current dividend yield is more than the historical average of 1.8% of the last 5 years.
Lancaster Colony has been paying dividends since 1995. LANC has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 6% for the last year. But since the stock price has gone up by 10% from a year ago, the dividend yield has decreased by 3.3%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Sep 7, 2023 | Sep 29, 2023 | Aug 16, 2023 | $0.85 | normal |
Jun 8, 2023 | Jun 30, 2023 | May 18, 2023 | $0.85 | normal |
Mar 8, 2023 | Mar 31, 2023 | Feb 22, 2023 | $0.85 | normal |
Dec 2, 2022 | Dec 30, 2022 | Nov 9, 2022 | $0.85 | normal |
Sep 8, 2022 | Sep 30, 2022 | Aug 17, 2022 | $0.8 | normal |
Jun 8, 2022 | Jun 30, 2022 | May 19, 2022 | $0.8 | normal |
Mar 8, 2022 | Mar 31, 2022 | Feb 23, 2022 | $0.8 | normal |
Dec 3, 2021 | Dec 31, 2021 | Nov 10, 2021 | $0.8 | normal |
Sep 9, 2021 | Sep 30, 2021 | Aug 18, 2021 | $0.75 | normal |
Jun 8, 2021 | Jun 30, 2021 | May 20, 2021 | $0.75 | normal |
Mar 8, 2021 | Mar 31, 2021 | Feb 24, 2021 | $0.75 | normal |
Dec 4, 2020 | Dec 31, 2020 | Nov 11, 2020 | $0.75 | normal |
Sep 8, 2020 | Sep 30, 2020 | Aug 19, 2020 | $0.7 | normal |
Jun 8, 2020 | Jun 30, 2020 | May 20, 2020 | $0.7 | normal |
Mar 5, 2020 | Mar 31, 2020 | Feb 26, 2020 | $0.7 | normal |
Dec 5, 2019 | Dec 31, 2019 | Nov 13, 2019 | $0.7 | normal |
Sep 6, 2019 | Sep 30, 2019 | Aug 21, 2019 | $0.65 | normal |
Jun 6, 2019 | Jun 28, 2019 | May 23, 2019 | $0.65 | normal |
Mar 7, 2019 | Mar 29, 2019 | Feb 27, 2019 | $0.65 | normal |
Dec 6, 2018 | Dec 28, 2018 | Nov 14, 2018 | $0.65 | normal |
Sep 6, 2018 | Sep 28, 2018 | Aug 22, 2018 | $0.6 | normal |
Jun 7, 2018 | Jun 29, 2018 | May 24, 2018 | $0.6 | normal |
Mar 8, 2018 | Mar 30, 2018 | Feb 28, 2018 | $0.6 | normal |
Dec 7, 2017 | Dec 29, 2017 | Nov 15, 2017 | $0.6 | normal |
Sep 7, 2017 | Sep 29, 2017 | Aug 16, 2017 | $0.55 | normal |
Jun 6, 2017 | Jun 30, 2017 | May 25, 2017 | $0.55 | normal |
Mar 7, 2017 | Mar 31, 2017 | Feb 22, 2017 | $0.55 | normal |
Dec 7, 2016 | Dec 30, 2016 | Nov 21, 2016 | $0.55 | normal |
Sep 7, 2016 | Sep 30, 2016 | Aug 17, 2016 | $0.5 | normal |
Jun 7, 2016 | Jun 30, 2016 | May 25, 2016 | $0.5 | normal |
Mar 7, 2016 | Mar 31, 2016 | Feb 24, 2016 | $0.5 | normal |
LANC has a payout ratio of 84.2% which is higher than the Consumer Defensive sector and the industry average. If we compare it with the Consumer Defensive sector average of 51.9%, Lancaster Colony's payout ratio is 62% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CAG Conagra Brands Inc | 5.02% | $1.34 | 93.7% |
CPB Campbell Soup Co | 3.75% | $1.48 | 51.6% |
SJM J M SMUCKER Co | 3.4% | $4.12 | N/A |
LANC Lancaster Colony Corp | 2.09% | $3.4 | 84.2% |
JJSF J&J Snack Foods Corp | 1.76% | $2.84 | 82.4% |
Yes, Lancaster Colony has paid four dividends in the last 12 months. LANC has been paying dividends since 1995.
Currently LANC's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2023.
Lancaster Colony's last dividend ex-date was on Sep 7, 2023. The dividend amount was $0.85 per share.
LANC has paid dividend of $3.4 per share in the last year.
Currently Lancaster Colony's dividend yield is 2.06%.
Lancaster Colony pays four dividends per year.
The dividend payout ratio of Lancaster Colony is 84.2%.
Lancaster Colony's dividend yield is less than the Consumer Defensive sector average.